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Kwon Nam-joo, president of KAMCO, delivers a speech at the 63rd anniversary of KAMCO at the KAMCO Maru of the Busan International Financial Center (BIFC). (Photos: KAMCO)KAMCO pledges to do its best to support economic entities struggling with the ongoing economic downturn during its 63rd anniversar…
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Chairman Choi Won-mok of Korea Credit Guarantee Fund (KODIT). (Photo: KODIT)Korea Credit Guarantee Fund (KODIT) announced that it plans to issue a total of 140 billion won worth of green asset-backed securities (G-ABSs) in the first half of this year to support green financing for small and medium-s…
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Yoo Jae-hoon, president of KDIC poses for a photo with Jeon Jin-kyu, president of the KSA and Kim So-young, vice chairman of the Financial Services Commission at the 2025 KDIC Asia-Pacific Forum: Building a Resilient Financial Future on March 21. (Photo: KDIC)Korea Deposit Insurance Corporation (KDI…
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Export-Import Bank of Korea President Yoon Hee-sung (third from left) visits a construction site of a Hyundai-SK On joint venture in Georgia of the U.S., on March 27 to take a tour of the site and pledges US$1.5 billion in financial support. (Photo: Korea Eximbank)The Export-Import Bank of Korea (Ko…
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Chairman Kang Seog-hoon of Korea Development Bank (KDB).On April 7, Korea Development Bank completed advisory and financial support for a cross-border M&A deal in which KOSDAQ-listed Nau IB Capital acquired 100 percent of the shares of Sun Fluoro System (SFSJ) in Japan. SFSJ was founded in …
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Kim Sung-tae, president of IBK poses for a photo with Park Jong-gil, chairman of the Korea Workers’ Compensation and Welfare Service after signing a business agreement at the IBK headquarters in Seoul on April 4. (Photo: IBK)IBK announced on April 8 that it has launched the AI Voice Phishing Detect…
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Yang Jong-hee, chairman of KB Financial Group, speaks at the annual general meeting of KB Financial Group at the headquarters of KB Kookmin Bank in Seoul, March 26. (Photo: KB Financial Group)KB Financial Group will continue to do everything it can to elevate its total shareholder return rate, inclu…
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7 that it launched IBK Value Growth Loan to support…
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank’s stagnant business.KB Financial Group announced its annual net…
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expected to become the number one bank with the largest…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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